The comet. (Johnson City, Tenn.) 1884-1916, 1887-03-24

From our regular correspondent.

WASHINGTON, March 81, 1857
Last Friday-the 18th, OF March--was
the golden anniversary of President
Cleveland's birth. He carefully avoid
ed any celebration, or rather, he cele-
brated the occasion by carefully Civ
ing his entire attention to public bus
mess. The President is not of an en-
thusiastic or sentimental nature. He
is constitutionally opposed to every
thing which partakes of the character
OF self glorification, and such he con-
siders a mans celebration of his own
brthday.to be.
When asked by Mr.. Soteldo, the
Minister from Venezuela, why he was
not celebrating the natal day, he is re-
ported to have said, "vanty, vanity,
it is all vanity" "If a man really
feels that his birth was a stroke Of
luck to him, continued he" let him
rejoice by all means but | don't think
he has any right to disturb the town
about it and | don't think it would be
modest to ask all the rest OF the world
to rejoice in an event which had 80
little interest for them"
Birthday cards in large numbers
came from all parts of the country,
and friends in Washington sent flow
ers accompanied by congratulations.
There was the usual tri.weekly hand
shaking in the east room, which was
attended by about five hundred peo-
pie, a large proportion of whom were
excursionists from Buffalo and the
t surrounding districts in Northwestern
= New York They were q notciably
: unpresuming crowd of excursionists.
( They filed quietly past the President,
2 not one Of them showing any desire
e to be familiar or to receive attention
+ on account of being from the Presi,
q dents former home.
There is little occasion for the wide
! spread alarm as to the financial situa.
t ton during the interval before Con
q gress convenes. The condition Of
t the Treasury is much stronger than il
t was nine months ago, the distribution
0 of currency much more favorable anC
l. adequate, and the circumstances il
e many respects more reassuring. The
surplus is smaller, the gold fund il
stronger, and the circulation and sup
ply Of convenient forms of small cur
j. rency is more abundant
n That which is deemed chiefly un
:. favorable in the situation is the fac
r. that only thirty millions Of bonds re
}. main subject to call, and that afte
is three monthly calls this means of put
V ting money into circulation will b.
> cutoff 1t is a fact however, that re
V cent bond calls have been of little ser
e vice and that the Treasury has ampl
e authority and has declared its will
" ingness to go into the market and bu,
r bonds at current rates if the situation
Ie should become such as to call for thi
v action.
re- Those whose opinions on the sub
Is ject are best worth knowing thinl
lie there is no reason to fear that tn
10 coming summer and autumn vii
o. bring any serious financial disturbanc
t. or that the strength of the Tressur
,t and the skill Of its managers are no
N fully equal to all emergencies tina
% may arise.
ID The Cabinet-makers who have dis
r posed of the Treasury portfolio TO
Te Mr.. Cleveland more than a dozel
ID times since Secretary Manning re
h. signed, are really little embarrasse,
O. just now as to what to say next.
\. was positively asserted that Speake
II Carlisle was offered the place last Sal
O. urday and declined. Since there ha
been so much delay in the matte
some Of them now take it for granted
Mr.. Manning's successor will not b
IA named until the 1st of April, the dat
when his rnsiup tion ta Doc nffoot